Question: (a) Show a regret table. (b) What decision should be made by the optimist? [ begin{array}{l} 1 text { lot } 2 text {

(a) Show a regret table. (b) What decision should be made

(a) Show a regret table. (b) What decision should be made by the optimist? \\[ \\begin{array}{l} 1 \\text { lot } \\\\ 2 \\text { lots } \\\\ 3 \\text { lots } \\end{array} \\] (c) What decision should be made by the conservative? \\[ \\begin{array}{l} 1 \\text { lot } \\\\ 2 \\text { lots } \\\\ 3 \\text { lots } \\end{array} \\] (d) What decision should be made using minimax regret? \\[ 1 \\text { lot } \\] 2 lots 3 lots

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